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zhuklara [117]
2 years ago
8

Bailey broker sponsors two sales agents: Jon and Jen. Horace has signed a buyer representation agreement with Bailey to have Bai

ley and his team help Horace find a new home. What kind of agents are Jon and Jen to Bailey
Business
1 answer:
laila [671]2 years ago
8 0

A sales agent/license holder is a general agent of a broker/license holder. Both the broker and the sales agent typically become special agents of any client/principal. A broker and his sponsored sales agents are not agents of the client until an actual expressed agency relationship has been established. Until then, Horace is a customer.

A man or woman agent is one that has passed through considered necessary schooling, exceeded an exam, and been duly certified by IRDA to promote coverage policies to the general public and offer after-income providers along with helping on the time of a declaration. His license may be for life insurance, general insurance, or each.

182. 'Agent' and 'essential' are described. An 'agent' is a person hired to do any act for every other or to symbolize some other in dealings with 0.33 person. The person for whom such act is done, or who's so represented, is referred to as the 'fundamental'.

Standard Agent- Agent appointed to do all acts referring to a selected job. Sub-Agent-An agent appointed by way of an agent. Co-Agent- sellers together appointed to do an act together. Dealer- An agent whose process is to create a contractual date between two events.

Learn more about the kind of agents here brainly.com/question/7284696

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Which of the following do you think would lead to an increase in the current demand for beef?
Katen [24]

Answer:

b. higher consumer income

7 0
3 years ago
Although the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 y
lora16 [44]

Answer:

Chen should buy the new machine since it produces a positive NPV of  $1,294

Explanation:

Summary of the Project Cash Flows is as follows :

Year 0                                  = ($120,000)

Year 1 to Year 10                 =    $18,900

The Project cost of capital = 9%

Calculation of the Project`s NPV :

<em>NPV can be calculated from this summary using a financial calculator as :</em>

<em>CF0 = ($120,000)</em>

<em>CF1  = $18,900</em>

<em>Nj     = 10</em>

<em>i       = 9 %</em>

<em>NPV =  ? </em>

<em>NPV = $1,293.73 or $1,294</em>

The Project is accepted only if it has a Positive NPV

Conclusion,

Chen should buy the new machine since it produces a positive NPV of  $1,294.

5 0
3 years ago
Imagine that odyssey national is a brand new bank, and that its required reserve ratio is 10 percent. if it accepts a $1,000 dep
Snezhnost [94]
Hi there
Excess reserve balance is
1,000−1,000×0.1=900

Hope it helps
8 0
3 years ago
Read 2 more answers
Coronado Company sells merchandise on account for $4600 to Wildhorse Company with credit terms of 2/10, n/30. Wildhorse Company
telo118 [61]

Answer:

$3,528

Explanation:

The computation of the amount of the check after considering the discount period is shown below:

= Sale value fo merchandise - returned goods - discount paid

= $4,600 - $1,000 - $3,600 × 2%

= $3,600 - $72

= $3,528

By applying the above formula we can get the amount of the check and the same is to be considered

hence, the amount of the check is $3,528

6 0
3 years ago
A measure such as direct labor-hours or machine hours used to assign overhead costs to products and services is called a cost dr
MrRissso [65]

A measure such as direct labor-hours or machine hours used to assign overhead costs to products and services is called a cost driver or an allocation base.

An entity allocates its overhead costs on the basis of an allocation base. An allocation basis is a measurement, such as the amount of square footage occupied, kilowatt hours consumed, or machine hours used.

Cost accounting assigns overhead expenses using an allocation base. An allocation base can be a quantity, such as the amount of machine hours used, kWh spent, or occupied square footage.

Learn more about allocation base here

brainly.com/question/26475885

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3 0
1 year ago
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